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Richard Branson Founder Of Virgin Group

Thursday, June 29,2017
Published by Jackson Mathebula
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1. Richard  Branson

  • Founder of Virgin Group
  • Dropped out at 16 yrs
  • Net worth    US$5.2 billion (2017)
  • Born  18 July 1950

Brief Info

Branson has dyslexia and had poor academic performance; on his last day at school, his headmaster, Robert Drayson, told him he would either end up in prison or become a millionaire.Branson started his record business from a church where he ran Student magazine. Branson interviewed several prominent personalities of the late 1960s for the magazine including Mick Jagger and R. D. Laing. Branson advertised popular records in The Student and it was an overnight success. Trading under the name "Virgin", he sold records for considerably less than the "High Street" outlets, especially the chain W. H. Smith. Branson once said, "There is no point in starting your own business unless you do it out of a sense of frustration." The name "Virgin" was suggested by one of Branson's early employees because they were all new at business.At the time, many products were sold under restrictive marketing agreements that limited discounting

2 Months ago 

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